PYMNTS

NOVEMBER 9, 2020

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. Increasingly, open banking will underpin that collaboration. Access for the consumer though means access to that far-flung data is paramount for the banks and third parties.

Fintech 285

Fintech Data Regulation Innovation 285

Abrigo

OCTOBER 20, 2020

Key Takeaways Gain an understanding of the current state of banking and future expectations. Plan for new technology and innovations. The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession.

Management 195

Management Lending Community Strategy 195

PYMNTS

DECEMBER 30, 2020

Corporate Spending Innovations (CSI) President David Disque , for instance, spoke with PYMNTS about the challenges organizations face regarding interconnectivity with their business partners, as well as the friction that exists in moving not only electronic money, but electronic data from one corporate to another. It's All About Timing.

Payments 297

Payments Innovation Cards Trends 297

PYMNTS

MAY 29, 2020

Enabling this seamlessness may be difficult for some banks as they fight to keep their networks from being overwhelmed by a surge of online transactions, particularly established banks still running core banking solutions on outdated, legacy infrastructure. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

PYMNTS

FEBRUARY 18, 2020

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. The new platform should be available to First South Financial customers in June of 2020.

Tennessee 206

Tennessee Mississippi Digital Banking Payments 206

PYMNTS

OCTOBER 20, 2020

In an interview with PYMNTS, Scott Young , VP of Innovation at PSCU , noted that in the changing consumer environment, digital and mobile banking are “table stakes,” but credit unions (CUs) must be conscious of how member payment preferences are evolving. Stepping Up On Credit . That expectation carries over to payments, he said.

Cards 268

Cards Exercises Mobile Payments 268

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

JULY 24, 2020

PYMNTS’ July 2020 Preventing Financial Crimes Playbook , done in collaboration with NICE Actimize , examines the cybertheft menace from a variety of angles, with an eye on COVID-era scams. The financial industry is responding with innovation at the individual company level, but also collectively, with financial institutions (FIs) teaming up.

Fraud 187

Fraud Analytics Guidelines Industry 187

PYMNTS

APRIL 24, 2020

Some banks have shuttered their branches during the pandemic and are relying on digital or mobile channels to fulfill customer needs, but others do not have that option. Banks are altering their customer interaction approaches to take precautions against further spreading COVID-19 while maintaining sound customer service practices.

Technology 248

Technology ATM Video Tools 248

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. Netflix is the story of the classic, but the always so-much-harder-than-it looks, ignition strategy, laid out over more than two decades. Until March of 2020.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

JULY 29, 2020

The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Shelly Swanback , president of product and platform at Western Union. Western Union is moving forward with a mindset grounded in collaboration, cooperation and innovation.

Innovation 240

Innovation US Marketing Digital Strategies 240

PYMNTS

DECEMBER 30, 2020

The ongoing pandemic has forced credit unions to pivot toward digital processes as members and businesses alike tackle more of their banking-related activities remotely. The following Deep Dive explores the digital trends that have shaped CUs’ innovation plans in 2020 and examines how many of these shifts will continue in the year ahead.

Trends 137

Trends Innovation Study Technology 137

PYMNTS

JANUARY 28, 2020

But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. It’s not that banks don’t want to go more digital and mobile, he said. But such shifts must happen, lest those banks get left behind. But that’s not the whole story, of course.

Fintech 169

Fintech Digital Strategies Mobile Strategy 169

PYMNTS

JULY 27, 2020

Financial institutions (FIs) are still struggling to respond to the rise in digital banking adoption spurred by the pandemic. The increase in digital banking use has also breathed new life into the discussions surrounding the technology FIs are employing to make sure they can offer this level of support. Around the Cloud Banking World.

Digital Banking 202

Digital Banking Technology Apple Examples 202

Abrigo

APRIL 30, 2020

Key Takeaways Federal and state banking regulators have eased coronavirus workout pressures. Lenders should develop a comprehensive workout strategy. 1, 2020, and the earlier of 60 days after the termination of the National Emergency, or Dec. 31, 2019; and It must be executed between Mar. Download Whitepaper.

Strategy 195

Strategy Meeting Software National 195

Independent Banker

FEBRUARY 29, 2020

Welcome to Independent Banker’s ICBA LIVE 2020 issue! As a child, the concept of the year 2020 seemed so far-fetched. We may not be benefactors of self-preparing meals and hovercraft transportation, but all the same, technology plays a major role in our daily lives—and in the banking business. Where I’ll be this month.

Community Bank 155

Community Bank Community Technology Customer Experience 155

PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. Macy’s started the year by laying off employees and closing stores.

Retail 210

Retail Branding New York City Indiana 210

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. Bad things about the banking industry. THE BANK AWARDS.

Idaho 166

Idaho Community Industry Strategy 166

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing.

America 168

America Regional Regulation Fintech 168

PYMNTS

DECEMBER 28, 2020

More than 20,000 bank branches in the United States are expected to close by end of the year, and four U.S. banks have failed completely this year. Developments From The World Of Digital-First Banking. The total number of banks in the U.S. The total number of banks in the U.S.

ATM 182

ATM Meeting Industry United States 182

PYMNTS

SEPTEMBER 30, 2020

Close to half of the credit union (CU) executives surveyed by PYMNTS earlier in the year expected credit card processing revenues to outstrip debit in 2020. Many CUs’ credit innovation plans ground to a halt when the health crisis began, however,” according to PYMNTS’ Credit Union Tracker® done in collaboration with PSCU.

Innovation 142

Innovation Cards Meeting Strategy 142

PYMNTS

JULY 21, 2020

That’s critical for CUs taking on national banks that are advertising their nearly ubiquitous reach. Being the card with the most rewards — particularly when consumers are shopping near home — is a benefit that big banks are unlikely to offer. “I The Bumpy Road Ahead.

Cards 208

Cards National Tools Innovation 208

PYMNTS

JANUARY 6, 2020

The 2020s will experience a dramatic and rapid shift from the app economy the smartphone ignited in the decade we just left behind to one that connects people and businesses with commerce wherever they happen to be, and via any device they happen to be using, in real time – safely, securely and privately. The Connected Economy’s Potential.

Innovation 176

Innovation Mobile Software San Francisco 176

PYMNTS

FEBRUARY 25, 2020

Miebach has held leadership roles in Europe, the Middle East and Africa in payments, data, banking services and technology. 24) that 2020 revenue could be affected by the Coronavirus, although the two announcements are not related. “If Banga added that aside from the U.S.,

Leadership 145

Leadership Strategy Payments Innovation 145

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. 31 percent bank via app. 31 percent bank via app. percent of consumers bought groceries online in 2020, compared to the 18.6

Data 277

Data Innovation Payments Millennials 277

PYMNTS

NOVEMBER 12, 2020

Spreedly , a payments infrastructure firm headquartered in Durham, North Carolina, is introducing innovative revenue optimization solutions aimed at increasing conversions. Stored alongside PAN, the stored network token can be used by supported gateways and acquiring banks. .

Innovation 163

Innovation Tools North Carolina Cards 163

PYMNTS

DECEMBER 17, 2020

The startup will use the new funds to accelerate the company’s open banking strategy, enabling merchants to transparently and quickly process instant payments. Resilience has been put to the test in 2020, and small businesses have shown the world what the word really means. BarkBox To Go Public Via SPAC At $1.6

Massachusetts 147

Massachusetts Bitcoin Payments System 147

PYMNTS

FEBRUARY 14, 2020

Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation. While fraudsters are fond of experimenting with innovative scams, they do have a few favorite tricks. To learn more about Greyhound’s fraud protection strategy, visit the Playbook’s Feature Story.

Fraud 150

Fraud Security Online Kentucky 150

Abrigo

JULY 10, 2020

Like other areas of banking, the BSA/AML space has evolved in recent years, adopting new technologies to identify potentially suspicious activity more accurately and efficiently. Crisis Business Membership Strategy in 2020: Adapting Technology and Executing in the New Normal. C&I Loans. Lending & Credit Risk. Learn More.

Analytics 195

Analytics Software Lending Analysis 195

PYMNTS

MARCH 2, 2020

After rumors of decline, CUs kicked off the roaring 2020s with higher metrics across the board – mortgage loans up by a staggering 81 percent, loan originations up almost 30 percent year over year, and non-real estate loans up by double digits. CUs deal in trust, and it’s a winning strategy. CU in Court.

California 130

California Fraud Pennsylvania Community 130

PYMNTS

JUNE 4, 2020

Regional bank holding company Huntington is now using the RTP network, meaning it now has a new real-time payments option to help people get money nearly instantly, according to a press release. RTP is offered through The Clearing House and is touted as the first new payments rail in the U.S.

Payments 131

Payments Columbus Ohio Meeting 131

BankInovation

JULY 8, 2020

Bank Innovation is proud to announce the Banking Automation Summit 2020 virtual experience on Nov. 9-10, an event designed to provide industry professionals the insights, strategies and best practices to automate bank functions.

Innovation 78

Innovation Strategy Industry Online 78

PYMNTS

DECEMBER 4, 2020

Corporates, banks and financial institutions (FIs) have decentralized systems over time, putting up data siloes and “between [enterprise resource planning], source to pay and the final execution of the invoice payment, add[ing] layers of manual inputting for AP professionals.”. Non-Optimized No Longer An Option.

Resources 142

Resources Operations System Payments 142

Bank Innovation

FEBRUARY 27, 2020

Tony Morosini, vice president of banking and payments at Figure, will attend and speak at Bank Innovation Ignite on March 2-3 in Seattle. Morosini will share insights and perspectives on lessons banks can learn from big tech companies like Google, Amazon and Facebook during the fourth session on Monday, March 2.

Innovation 363

Innovation Seattle Google Payments 363

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

Operations 141

Operations Regulation Regional Retail 141

Abrigo

FEBRUARY 3, 2020

Creating more efficient operations and improving customer experiences are the goals driving technology strategies and investments at many U.S. financial institutions, according to Bank Director magazine’s latest survey of CEOs, executives and directors for its 2019 Technology Survey. Dollars for innovation tied up in IT infrastructure.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. billion ($1.1 Grab + Singtel .

Digital Banking 130

Digital Banking Groups Regional Mobile 130